OPEC+ keeps crude oil output quotas steady
BP
379.25p
16:40 14/11/24
2.49%
9.20p
The Organisation of Petroleum Exporting Countries and its main producer allies decided to keep their production quotas steady.
FTSE 100
8,071.19
16:49 14/11/24
n/a
n/a
FTSE 350
4,459.02
16:38 14/11/24
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FTSE All-Share
4,417.25
16:54 14/11/24
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Oil & Gas Producers
7,938.55
16:38 14/11/24
0.88%
69.09
Shell
2,531.50p
16:40 14/11/24
0.26%
6.50p
According to news reports, OPEC+ countries were waiting for clearer indications on the possible impact that the reopening of China's economy and additional rounds of sanctions on Russian crude oil and products would have, Dow Jones Newswires reported.
In an immediate reaction, as of 1355 GMT front-dated Brent crude oil futures on the ICE were edging up by 0.23% to $85.69 a barrel.
-- More to follow --